If you are seeking to invest in a profitable investment with fixed amount of money for a specific period of time, you can visit us and get one of our customized fixed deposits that have different structure that fit to your needs.

KD Fixed Deposit

What is it?

It is a deposit of a fixed amount of money for a fixed period of time at a fixed interest rate.

Who Qualifies?

Any customer.

Why is the product used?

To invest money.

Features

  • Minimum of KD 5000/- with no maximum
  • Range of maturity:

    • From 1 month to 24 months.
    • 1, 2, 3 weeks with a minimum of KD 25,000/-.
    • For amount exceeding KD 250,000/- dealing room approval is needed.
  • Customer receives a non-negotiable certificate of deposit.
  • Interest paid upon maturity.
  • Fixed interest rate upon maturity.
  • Account can be opened by individuals, joint, private or public sectors.
  • Renewal facilities are available upon customer's.
  • Terms and Conditions Apply.

Benefits 

  • Profitable investment.
  • Optional investment periods.
  • Confirmation of deposit.
  • Customer unaffected by interest fluctuations.
  • The deposit can be blocked as collateral without the loss of interest.
  • Flexible renewal options:
    • Renew principal plus interest
    • Renew principal and credit interest to another account
    • Renew principal plus interest and increase
    • Reduce principal and renew.
  • Available for all investors.

• Renew principal plus interest

• Renew principal and credit interest to another account

• Renew principal plus interest and increase

• Reduce principal and renew.

• Renew principal plus interest

• Renew principal and credit interest to another account

• Renew principal plus interest and increase

• Reduce principal and renew.

FC Fixed Deposit

What is it?

It is a deposit of a fixed amount of money for a fixed period of time at a fixed interest rate.

Who Qualifies?

Any customer.

Why is the product used?

To invest money.

Features

  • Available in US-$, GBP-£, EUR-€, JY-¥, and other major currencies.
  • A minimum of US$ 5,000/- or GBP-£ 5,000/- with no maximum; For minimum of other currencies refer to FD rates sheet.
  • Range of maturity period :
    • From 1 month to 12 months.   
    • 1, 2, 3 weeks with a minimum equivalent of KD 25,000/-. For amount exceeding equivalent of KD 250,000/- dealing room approval is needed.

Customer receives a non-negotiable certificate of deposit.

  • Interest paid upon maturity.
  • If closed before maturity date, no interest will be paid.
  • Fixed interest rate upon maturity.
  • Account can be opened by individuals, joint, private or public sectors.
  • Renewal facilities are available upon customer's instructions.
  • The bank reserves the right to accept or refuse premature cancellation of deposit.
  • Terms and Conditions Apply.

Benefits

  • Profitable investment.
  • Optional investment periods.
  • Confirmation of deposit.
  • Customer unaffected by interest fluctuations.
  • The deposit can be blocked as collateral without the loss of interest.
  • Flexible renewal options:
    • Renew principal plus interest.
    • Renew principal and credit interest to another account.
    • Renew principal plus interest and increase.
    • Reduce principal and renew.
  • Available for all investors.

KD Smart Deposit

What is it?

It is a deposit of a fixed amount of money for a fixed period of time at a fixed interest rate.

Who Qualifies?

Any customer.

Why is the product used?

To invest money.

Features

  • Minimum deposit is KD 10,000
  • The deposit is a fixed term investment with maturity of 3, 6 and 12 months
  • High return.
  • Customer receives a non-negotiable certificate of deposit. It must be surrendered to the bank against the premature closure.
  • The advertised interest rates shall remain fixed throughout the deposit term.
  • Interest will be paid monthly to the credit of the account designated by the customer.
  • Account can be opened by individuals, joint, private or public sectors.
  • Terms and Conditions Apply.

Benefits

  • Monthly income.
  • Profitable investment.
  • Optional investment period.
  • Confirmation of deposit.
  • Customer unaffected by interest fluctuations.
  • The deposit can be blocked as collateral, without the loss of interest.
  • Available for all investors.

KD Advanced Interest Deposit

What is it?

It is a deposit of a fixed amount of money for a fixed period of time at a fixed interest rate.

Who Qualifies?

Any customer.

Why is the product used?

To invest money.

Features

  • Minimum amount KD 25,000/- and maximum of KD 250,000/-
  • The deposit is a fixed term investment for 3 months and its multiples up to 12 months.
  • The customer receives a non-negotiable certificate of deposit.
  • Interest paid in advance.
  • The account can be opened by individuals, joint, private or public sectors.
  • Renewal facilities are available upon customer's instructions.
  • Terms and Conditions Apply.

Benefits

  • Profitable investment.
  • Optional investment periods.
  • Confirmation of deposit.
  • Customer unaffected by interest fluctuations by getting interest paid upfront.
  • Deposit can be renewed for another period as per the announced interest rate.
  • Available for all investors.